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If this is gambling, what isn’t gambling? Sometimes things just don’t go the way you want. A Chinese company coming up with a cheaper alternative to a cutting-
by MadSudaca 2y ago
If this is gambling, what isn’t gambling? Sometimes things just don’t go the way you want.
A Chinese company coming up with a cheaper alternative to a cutting-edge technology out of nowhere, is an outcome that is hard to predict.
In hindsight, betting on Nvidia maintaining its monopoly on a resource crucial for such an important technology as AI, might not be the best of ideas, but then again, who knows.
- rsanek 2y agobuying an individual stock is gambling. buying an broadly-diversified index is not.